DEVON ENERGY: Records $1M in Noncurrent Accrued Liabilities

Devon Energy Corporation’s balance sheet for the annual period ended Dec. 31, 2008, included US$1 million of noncurrent accrued liabilities, reflected in other liabilities, related to environmental remediation liabilities.

Certain of Devon’s subsidiaries acquired in past mergers are involved in matters…

DEVON ENERGY: Accrues $2M in Liabilities for Remediation Actions

Devon Energy Corporation, as of June 30, 2008, recorded US$2 million of accrued liabilities, reflected in other long-term liabilities, related to environmental remediation.

Certain of Devon’s subsidiaries are named potentially responsible parties (PRPs) under the Comprehensive Environmental Response, Compensation, and Liability…